When Will The Fed Lower Interest Rates 2024 Rate

When Will The Fed Lower Interest Rates 2024 Rate. Federal reserve chair jerome powell said on wednesday interest rates could be cut as soon as september if the u.s. The federal reserve said wednesday it was keeping its key interest rate unchanged as it fights elevated inflation rates that have been pinching u.s.

Earlier in the year, most economists pegged the first rate cut of 2024 for the fed’s march 20 meeting. We expect the fed to start cutting rates beginning with the federal open market committee’s september 2024 meeting.